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Property at 55 GLENDALE AVENUE image 1
Property at 55 GLENDALE AVENUE image 2
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50

$1,599,000

55 GLENDALE AVENUE
Ottawa, Ontario, Ontario, K1S1W3

MLS® Number: X10423185
Listed 42 days ago
4 5

Property description

Exceptional Investment Opportunity in the Glebe!! Take advantage of this solid building designed as a fourplex, featuring two spacious 2-bedroom units, two generous 4-bedroom units, and an additional 1-bedroom unit, with a mix of Tile, Hardwood and Laminate. Located at the vibrant northeast corner of Percy and Glendale, this highly sought-after area is currently generating over $107,000 in revenue with excellent growth potential! The building offers open parking for three cars; all apartments are easy to rent. You'll love the prime Centertown location, steps from shopping and dining, and a short drive to Parliament Hill and downtown. The O-TRAIN is just 25 minutes away, with nearby parks like Glebe Memorial Park, Chamberlain Park and McNabb Park enhancing the urban lifestyle. The recent fire retrofit in 2020 adds peace of mind, with this fourplex + 1( non-compliant). This building can be financed at favourable residential interest rates. This is a rare opportunity, so don't miss out on this outstanding investment!

Building information

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Courtesy of ROYAL LEPAGE TEAM REALTY

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